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Antigreenmail

Definition: [crh] Greenmail refers to the agreement between a large shareholder and a company in which the shareholder agrees to sell his stock back to theDefinition: company, usually at a premium, in exchange for the promise not to seek control of the company for a specified period of time. Antigreenmail provisions prevent such arrangements unless the same Definition: EF="/?rd=repurchase">repurchase offer is made to all shareholders or approved by shareholder vote. There are some states that have antigreenmail laws.

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